CARDANO - ADA/USDT - 15 min. - Technical analysis published on 11/19/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.738694 USDT
My targets
0.694424 USDT (-4.59%)
0.656307 USDT (-9.83%)
My analysis
CARDANO - ADA/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.738694 USDT. The next support located at 0.694424 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.656307 USDT. Below this support, sellers could then target 0.612037 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USDT price is 0.727827 USDT. The price registered a decrease of -0.64% on the session and was traded between 0.722995 USDT and 0.764882 USDT over the period. The price is currently at +0.67% from its lowest and -4.84% from its highest.0.722995
0.764882
0.727827
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 15 min. of this CARDANO - ADA/USDT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.609781 | 0.667447 | 0.692758 | 0.727827 | 0.746648 | 0.775291 | 0.818455 |
| Change (%) | -16.22% | -8.30% | -4.82% | - | +2.59% | +6.52% | +12.45% |
| Change | -0.118046 | -0.060380 | -0.035069 | - | +0.018821 | +0.047464 | +0.090628 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.612037 | 0.656307 | 0.694424 | 0.738694 | 0.776811 | 0.821081 | 0.859198 |
| Camarilla | 0.709886 | 0.717438 | 0.724990 | 0.732542 | 0.740094 | 0.747646 | 0.755198 |
| Woodie | 0.608962 | 0.654769 | 0.691349 | 0.737156 | 0.773736 | 0.819543 | 0.856123 |
| Fibonacci | 0.656307 | 0.687779 | 0.707222 | 0.738694 | 0.770166 | 0.789609 | 0.821081 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.220209 | 0.355229 | 0.548416 | 0.683436 | 0.876623 | 1.011643 | 1.204830 |
| Camarilla | 0.651347 | 0.681433 | 0.711518 | 0.741604 | 0.771690 | 0.801775 | 0.831861 |
| Woodie | 0.249294 | 0.369771 | 0.577501 | 0.697978 | 0.905708 | 1.026185 | 1.233915 |
| Fibonacci | 0.355229 | 0.480604 | 0.558061 | 0.683436 | 0.808811 | 0.886268 | 1.011643 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.241566 | 0.279279 | 0.310533 | 0.348246 | 0.379500 | 0.417213 | 0.448467 |
| Camarilla | 0.322821 | 0.329143 | 0.335465 | 0.341787 | 0.348109 | 0.354431 | 0.360753 |
| Woodie | 0.238337 | 0.277664 | 0.307304 | 0.346631 | 0.376271 | 0.415598 | 0.445238 |
| Fibonacci | 0.279279 | 0.305624 | 0.321901 | 0.348246 | 0.374591 | 0.390868 | 0.417213 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.80 | |
| MACD (12,26,9): | -0.0038 | |
| Directional Movement: | -19.062067 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.734680 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.752645 | |
| Elder Ray (13): | -0.010737 | |
| Super Trend (3,10): | 0.746536 | |
| Zig ZAG (10): | 0.725160 | |
| VORTEX (21): | 0.7979 | |
| Stochastique (14,3,5): | 4.52 | |
| TEMA (21): | 0.731390 | |
| Williams %R (14): | -87.51 | |
| Chande Momentum Oscillator (20): | -0.011048 | |
| Repulse (5,40,3): | -1.4016 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0465 | |
| Courbe Coppock: | 1.26 |
| MA7: | 0.681213 | |
| MA20: | 0.514247 | |
| MA50: | 0.415547 | |
| MA100: | 0.384195 | |
| MAexp7: | 0.733765 | |
| MAexp20: | 0.738789 | |
| MAexp50: | 0.742180 | |
| MAexp100: | 0.742411 | |
| Price / MA7: | +6.84% | |
| Price / MA20: | +41.53% | |
| Price / MA50: | +75.15% | |
| Price / MA100: | +89.44% | |
| Price / MAexp7: | -0.81% | |
| Price / MAexp20: | -1.48% | |
| Price / MAexp50: | -1.93% | |
| Price / MAexp100: | -1.96% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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